New Escrow Agreement definition
Examples of New Escrow Agreement in a sentence
All capitalized terms used herein will have the same meaning ascribed to them in the New Escrow Agreement, unless specifically stated otherwise.
Each Existing Escrow Agreement has, and each New Escrow Agreement shall have, a maximum stated maturity date on or before the earlier of the following two dates: (1) four years from the date on which such Escrow Agreement becomes effective, or (2) one year after the Expiration Date.
All ▇▇▇▇▇▇▇ Money, together with any interest or other income earned thereon, shall be held, invested and disbursed pursuant to the New Escrow Agreement.
The New Escrow Agreement shall contain terms substantially similar to those contained in the Existing Escrow Agreement.
Any claims of the Purchaser for indemnification pursuant to Section 8.1(a), 8.1(b) and 8.1(c) other than with respect to any claims arising before the exercise or the expiration of the Option shall be limited to the funds held in escrow pursuant to the Escrow Agreement and the New Escrow Agreement, as the case may be.